Advanced Rent Option

What is the Advanced Rent Option (ARO)?

ARO is our normal quality full Management service with the additional benefit of including a years rent upfront and a landlord rent guarantee. ARO is available for new and existing tenancies provided the property is compliant and the tenants pass a professional referencing check.

The ARO is changing the way investors and landlords are looking at their investments and is a huge game changer for anyone with a buy-to-let property. ARO offers Landlords the ultimate in terms of peace of mind, convenience and financial freedom.

How it works

As a member of the ARO network, we use their proprietary Primary Tenancy™️ business model to pay you a year’s rent in advance, less our standard fees
and charges. The rent is then collected monthly from the tenants in the property. Practically speaking and in other respects the ARO is similar to our conventional Full Management Service.

For empty properties, we will find you a quality tenant. Prior to move in we will ensure that the property is fully compliant, the tenant is professionally referenced and during the tenancy we will carry out all our normal duties as your managing agent.

For new tenancies we will transfer your funds less our agreed fees once the tenant has moved in and paid their first months rent. If you already has a tenant we will transfer your funds once we have completed our checks, established a new 12 month tenancy and received the first months rent.

Advanced Rent Option
Advanced Rent Option

Landlord Rent Guarantee

The ARO includes a Landlord Rent Guarantee, so if the residing tenant
doesn’t pay their rent you will not be liable to repay us the amount not collected, unless the tenant leaves the property and there is a void. Like other landlord rent guarantees on the market the ARO’s doesn’t cover voids.

In this event, where the tenant leaves during the twelve month contract, we
would normally re-let your property with a new ARO for the new tenancy, minus the rent portion not paid back by the previous tenant on the original ARO tenancy.

Alternatively, if there is rent outstanding and you decide to go in another direction with your property (eg. sell), you will be liable to refund the portion of outstanding advanced rent.

Example only, costs may vary
Rent @ £1,200 per Month x 12 = £14,400.00
Set-Up Fees for New Tenancy (Approx.): £199
Management cost and Landlord Rent Guarantee: £2,592.00
Maintenance Float for Management: £250.00
Note: A maintenance float between £250-£750 is required to be held on account for ARO tenancies, in case of emergency maintenance works. Floats are to be replenished on renewal or refunded if no ARO is taken on year 2.

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    What Landlords are saying:

    Robert W
    ‘We decided to go for ARO as it gave us a lot more peace of mind to get our rent up front for the year rather than monthly.’

    Lauren E
    ‘I used the cash from the ARO to pay off my credit card bill and cover some refurbishment costs on my new house.’

    Chris H
    ‘I used the upfront money from the ARO as a deposit for my next buy to let property in Buckinghamshire.’

    Emily A
    ‘When we heard about ARO we liked it but first we asked several agents if they did something similar and no one did, it really is a unique offer and so useful’

    If you are interested in the ARO please contact us and one of our advisers will be happy to help with your personalised illustration.